iBankCoin

Sit Down, Eat Fish

My opinions on the market are changing on an hourly scale. Much of what lies ahead of obscured by the unknown. Therefore stocks are following the past of least resistance and jimmy-rigging higher. I placed several day trades on this morning and closed a few out. Here is what I booked today.

CAPR +8.6%
NK +7.2%
STMP +7%
CODX +8.3%
BL +2.3%

Both NK and CAPR were day trades, the others were swings. I am presently 50% cash, looking at healthcare breaking out and the Nasdaq up nearly 100. It’s incredible and incredulous — but it doesn’t help to fight against it.

Comply or die.

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5 comments

  1. soupbone

    Politicians are in way over their head. The media is not helping. This is not the time for wishy-washy government, and a terribly lot of them in office now will never be heard of again as a result.

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  2. og

    The Honey Badger market.

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  3. edge

    The Fed will monetize and the markets will go along like sheep apparantly. I’m not joking.
    I have to admit, I did not see it coming.
    You may go long now.

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    • soupbone

      Gold should still work with -ve real rates and the Fed printing.

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      • edge

        Yep. SIL GDX for me.
        I need to rethink many things.
        The markets are now essentially risk free until the inevitable crash.
        You guess when. I’m starting to think years.

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